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Updated about 10 years ago on . Most recent reply
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Newbie from Northern CA but moving to Fargo ND
Hello BP Family! I have been reading through some of the BP posts for a few months now trying to learn and soak up as much information as I can. I have one property (first home we bought in 2005) that we just put on the rental market because it's underwater on the mortgage. We didn't want to just walk away and mess up our credit. I think as soon as we break even, we're going to sell it because of the stupid HOA rules (we were lucky the HOA is letting us rent it!).
We bought another home this summer that we thought we would be staying in for a few years, but my job is taking me to Fargo; so, we might be renting that home next year (I'll be adding another post later because I do have questions about renting that one out).
I am looking forward to my move to Fargo to start my RE Investing lifestyle, but it's going to be a challenge because I need to get the "better half" on board because she HATES risk. I really do not have anything to offer to the BP community right now, but I have the eagerness and time to learn! Cheers!!
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- Welcome to Fargo! Lived there for ever. The market in North Dakota does the complete opposite of the rest of the country. When California is doing poorly, We do great, so keep an eye on California, if the economy is improving there, the economy will slow down here. The market is at an all time high right now, its very hard to find a bargain, so do your research. There is a meetup group that started a while back, we have about 20- 30 members that meet and talk real estate.